Tuesday, May 6, 2008

Double Bottom Trade Of The Day: CTRP

at

8 comments:

  1. UnknownMay 6, 2008 at 10:05 AM

    Would you consider a double bottom on AGU at 9:48 this morning a buy point?
    Thanks

    ReplyDelete
  2. fufufnikMay 6, 2008 at 10:06 AM

    Stewie,
    I'm curious to know..are these 1-min double bottom trades found on your watchlist (and therefore inherently "strong" stocks)? Or are they based on scanning for stocks down a large % for the day? I guess I'm assuming the former rather than the latter. thanks for the informative posts!
    -todd

    ReplyDelete
  3. StewieMay 6, 2008 at 10:07 AM

    VKC. kinda. i prefer yesterday at 12:05 and 12:45 much better.

    ReplyDelete
  4. StewieMay 6, 2008 at 10:09 AM

    todd: these are stocks from my watchlist: the strongest stocks only. no scanning. buying on double bottoms as they pull back.

    ReplyDelete
  5. OffTiltMay 6, 2008 at 10:09 AM

    Your the man Stewie. How are you finding your trades? Percentage losers on the day? Percentage gainers from previous days and look for weakness?

    Thanks

    ReplyDelete
  6. OffTiltMay 6, 2008 at 10:10 AM

    ooops....I posted my question as you answered it.

    ReplyDelete
  7. StewieMay 6, 2008 at 10:15 AM

    thanks Off Tilt

    ReplyDelete
  8. ainkurnMay 6, 2008 at 10:20 AM

    Stewie, this isn't "technically" a "double bottom" until it makes a new high. HAHAHA!! Nice trading again. I wasn't watching WallStreak when you posted this trade so I missed the ride.

    ReplyDelete